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Importance of time tracking [VIDEO]

Posted by: INSZoom | Date: October 31, 2014

Transcript

Without capturing time properly, attorneys can lose out on hundreds or thousands of dollars of billable hours every year.

Many attorneys report their time at the end of the day, but this can lead to costly errors. Instead, attorneys should use a time tracking system, integrated with their case management platform, to count their billable hours as they work on cases and consult with clients.

Consistent reporting reduces the chance of not recording billable time and losing revenue.

Accurate and descriptive time tracking can also lead to improved invoicing practices, according to LexisNexis. Clients will receive detailed invoices, generated quickly by the case management program, which in turn leads to improved client satisfaction. That means no more vague descriptions and billable hours.

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